Please see attached. Any candle that has a wick at both ends and finishes up should have a target line drawn at the high. Vice versa for the a candle with wicks at both ends that finishes down. image

A delicate secret

I have those targets too.

A delicate secret

Hi Tomcat98, Thanks for sharing...how are you defining your levels? Regards Neio

A delicate secret

Many thanks for the kind offer! If it would not take up too much of your time I would love to have something soon but ultimately I would like to see if anyone else is willing to bring anything to the table to see if this idea can be improved upon.

A delicate secret

As mentioned previously I have no coding skills so am currently drawing the targets manually...but if anyone feels it is worth making an indicator based on the observation above I would be interested to see the results and work with trying to ...

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Further to this...I am yet to see anyone show targets that complete 100% and within a certain time period (i.e before going off the screen). That is the real secret. Identifying targets is one thing. I agree that most of us could probably find ...

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Very good! Thanks for sharing. I will continue to watch with interest.

A Ridiculous Scalp

You could well be right...without the time factor guarantee the draw-down could get too much. It only takes one wayward trade to ruin the account.

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Great work! I need to learn to code. I am drawing my levels manually...ok for a while...but painstaking! Any coders interested in working together?...PM me LOL.

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A few people have worked out how to find the targets where price will return but they are quite rightly respecting Eurusdd's request not to share an indicator or divulge what they found. Regards Neio

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Thanks Armacom, Yes I agree the problem with only knowing the exit is that you don't know how far away it is going to go away before it comes back! Would the account survive any drawdown.

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My understanding is that OD is only using Standard Deviation to enter trades towards the already predefined exit points. These exit points have a high hit rate. He is using his custom made indicator to define the exits.

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Hi OD, Thank you for sharing...sounds very interesting. I had never used the SD indicator before but I have used bollinger bands. What settings would you typically use on the SD indicator? Regards Neio

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Pretty accurate result. Although it was a big move it hit the top targets to the pip. Very impressive.

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OD are you able to comment on the time factor? Are all your targets hit before they disappear of the end of the screen?

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Very neat! I noticed that you marked one target as the "Next Official target!" is that just based on closeness to the end of the screen?

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I commented on this in one of my previous posts...but would be interest to hear other thoughts. I don't have access to my MT4 platform at the moment. Can anyone confirm if we have created any lower targets on the lower tfs? I believe we have. If the ...

A delicate secret

Quiet here....but EU seems to be moving in the right direction for now. Possible Big impact News to come later! Watching with interest to see how this plays out.

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Hi Saver0, Are you talking about the big candle that spikes up? If so based on what I know that would not be a target. Interestingly...the one previous to that on the 6th was a target. The spike up on the 8th took it out....lol I don't have an ...

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I am more interested in the targets above as they are older and closer to the end of the screen. It would be good to get this time factor nailed down so that it gives more confidence when entering trades. At the moment possible drawdown while ...

A delicate secret